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Stock Market Opening: Strong opening of the market, Sensex crosses 57500, buying in Nifty too

Stock Market News: The stock market has started in the green today amid strong global cues. BSE’s flagship India is trading 57,577.97 with a gain of 317.39 points or 0.55 percent. Apart from this, the Nifty index is trading at the level of 17,111.55 with a gain of 57.60 points or 0.34 percent. At the same time, good buying is being seen in Bank Nifty too. Bank Nifty is at the level of 36,115.40 with a gain of 138.95 points or 0.39 per cent in early trade today.

Global market boom
Talking about the global market, today Nasdaq is showing good growth. Apart from this, business is also being done in the green mark in the European markets. At the same time, mixed business is being seen in Asian markets. Here the SGX Nifty is seen in red markings. Apart from this, there is also a decline in Hangsang and Kospi. On the other hand, Nikkei, Taiwan Index, Jakarta and Shanghai Composite are up.

GDP figures will be released
If the GDP growth figures for the second quarter of the country will be released today, then the market will keep an eye on these figures as well. GDP growth can be 8.1 percent against negative 7.4 percent. The market can get direction from these figures.

falling stocks
Today 28 out of 30 stocks of Sensex are being bought. Dr Reddy is the top loser today and Tata Steel is also witnessing a slight decline of 0.01 percent. Apart from this, everything is fast.

Good buying on these stocks
Talking about buying stocks, today PowerGrid is the top gainer with a rise of 2.98 percent. Whereas, Axis Bank, Tech Mahindra, Axis Bank, Bajaj Finance, SBI, Bajaj Finserv, Infosys, HCL Tech, TCS, ITC, Sun Pharma, ICICI Bank, IndusInd Bank, LT, Asian Paints, Bharti Airtel, NTPC, HDFC, HDFC Bank, Bajaj Auto, Kotak Bank and Nestle India have an edge.

Sectoral index continues to rise
Talking about the sectoral index, today all the sectors are trading in the green mark. After a steady decline, there is good buying in all sectors. Today only there is a slight decline of 0.01 percent in the Healthcare Index. Apart from this, everything is fast. Auto, Financial Services, FMCG, IT, Media, Metal, Pharma, PSU Banks, Private Banks, Realty, Healthcare, Consumer Durables and Oil & Gas are on the rise.

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